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Global PEM Water Electrolysis Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Publisher DIResearch
Published Jul 10, 2025
Length 165 Pages
SKU # DIR20249616

Description

Market Overview

According to DIResearch's in-depth investigation and research, the global PEM Water Electrolysis market size will reach 545.71 Million USD in 2025 and is projected to reach 6,476.17 Million USD by 2032, with a CAGR of 42.39% (2025-2032). Notably, the China PEM Water Electrolysis market has changed rapidly in the past few years. By 2025, China's market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

PEM (Proton Exchange Membrane) water electrolysis is an electrochemical process that uses electricity to split water (H2O) into its constituent elements, hydrogen (H2) and oxygen (O2). It relies on a solid polymer electrolyte membrane to separate the anode and cathode compartments, facilitating the transport of protons while preventing the mixing of hydrogen and oxygen gases. When an electric current is applied, water molecules are dissociated at the electrodes, with hydrogen ions (protons) migrating through the PEM to the cathode and reacting to form hydrogen gas, while oxygen ions combine to produce oxygen gas at the anode. PEM water electrolysis is known for its efficiency and ability to produce high-purity hydrogen gas, which can be used for various applications, including clean energy storage, transportation, and industrial processes. It plays a vital role in the development of a hydrogen economy, where hydrogen is considered a sustainable and versatile energy carrier for a wide range of applications, helping to reduce greenhouse gas emissions and promote renewable energy integration.

The major global  manufacturers of PEM Water Electrolysis include Proton On-Site, 718th Research Institute of CSIC, Teledyne Energy Systems, Hydrogenics, Nel Hydrogen, Suzhou Jingli, Beijing Zhongdian, McPhy, Siemens, TianJin Mainland, Areva H2gen, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of PEM Water Electrolysis. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global PEM Water Electrolysis market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the PEM Water Electrolysis market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of PEM Water Electrolysis industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of PEM Water Electrolysis Include:

Proton On-Site

718th Research Institute of CSIC

Teledyne Energy Systems

Hydrogenics

Nel Hydrogen

Suzhou Jingli

Beijing Zhongdian

McPhy

Siemens

TianJin Mainland

Areva H2gen

PEM Water Electrolysis Product Segment Include:

Small Electrolyzer (Below50 /m3H2/h)

Medium Electrolyzer (50-200 /m3H2/h)

Large Electrolyzer (Above 200 /m3H2/h)

PEM Water Electrolysis Product Application Include:

Power Plant

Steel Plant

Electronics and Optoelectronics

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global PEM Water Electrolysis Industry PESTEL Analysis

Chapter 3: Global PEM Water Electrolysis Industry Porter's Five Forces Analysis

Chapter 4: Global PEM Water Electrolysis Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global PEM Water Electrolysis Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global PEM Water Electrolysis Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, PEM Water Electrolysis Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources

Table of Contents

165 Pages
1 PEM Water Electrolysis Market Overview
1.1 Product Definition and Statistical Scope
1.2 PEM Water Electrolysis Product by Type
1.2.1 Small Electrolyzer (Below50 /m3H2/h)
1.2.2 Medium Electrolyzer (50-200 /m3H2/h)
1.2.3 Large Electrolyzer (Above 200 /m3H2/h)
1.3 PEM Water Electrolysis Product by Application
1.3.1 Power Plant
1.3.2 Steel Plant
1.3.3 Electronics and Optoelectronics
1.3.4 Others
1.4 Global PEM Water Electrolysis Market Revenue and Sales Analysis
1.4.1 Global PEM Water Electrolysis Revenue Market Size Analysis (2020-2032)
1.4.2 Global PEM Water Electrolysis Sales Market Size Analysis (2020-2032)
1.4.3 Global PEM Water Electrolysis Market Sales Price Trend Analysis (2020-2032)
1.5 PEM Water Electrolysis Market Development Status and Trends
1.5.1 PEM Water Electrolysis Industry Development Status Analysis
1.5.2 PEM Water Electrolysis Industry Development Trends Analysis
2 PEM Water Electrolysis Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 PEM Water Electrolysis Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global PEM Water Electrolysis Market Analysis by Country
4.1 Global PEM Water Electrolysis Market Size Analysis by Country: 2024 VS 2025 VS 2032
4.1.1 Global PEM Water Electrolysis Revenue and Market Share by Country (2020-2025)
4.1.2 Global PEM Water Electrolysis Revenue and Market Share Forecast by Country (2026-2032)
4.2 Global PEM Water Electrolysis Sales Analysis by Country: 2024 VS 2025 VS 2032
4.2.1 Global PEM Water Electrolysis Sales and Market Share by Country (2020-2025)
4.2.2 Global PEM Water Electrolysis Sales and Market Share Forecast by Country (2026-2032)
4.3 United States PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.4 Germany PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.5 Japan PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.6 China PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.7 France PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.8 U.K. PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.9 South Korea PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.10 Canada PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.11 Italy PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.12 Russia PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.13 Mexico PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.14 Brazil PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.15 India PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.16 Vietnam PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.17 Thailand PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
4.18 South Africa PEM Water Electrolysis Market Sales, Revenue and Growth Rate (2020-2032)
5 Competition by Manufacturers
5.1 Global PEM Water Electrolysis Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
5.1.1 Global PEM Water Electrolysis Market Sales by Key Manufacturers (2021-2025)
5.1.2 Global PEM Water Electrolysis Market Revenue by Key Manufacturers (2021-2025)
5.1.3 Global PEM Water Electrolysis Average Sales Price by Manufacturers (2021-2025)
5.2 PEM Water Electrolysis Competitive Landscape Analysis and Market Dynamic
5.2.1 PEM Water Electrolysis Competitive Landscape Analysis
5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
5.2.3 Market Dynamic
6 PEM Water Electrolysis Market Analysis by Type
6.1 Global PEM Water Electrolysis Market Revenue Analysis by Type
6.1.1 Global PEM Water Electrolysis Market Size Analysis by Type: 2024 & 2025 & 2032
6.1.2 Global PEM Water Electrolysis Revenue and Forecast Analysis by Type (2020-2032)
6.2 Global PEM Water Electrolysis Sales and Forecast Analysis by Type (2020-2032)
6.3 Global PEM Water Electrolysis Sales Price Trend Analysis by Type (2020-2032)
7 Key Companies Analysis
7.1 Proton On-Site
7.1.1 Proton On-Site Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.1.2 Proton On-Site PEM Water Electrolysis Product Portfolio
7.1.3 Proton On-Site PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.2 718th Research Institute of CSIC
7.2.1 718th Research Institute of CSIC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.2.2 718th Research Institute of CSIC PEM Water Electrolysis Product Portfolio
7.2.3 718th Research Institute of CSIC PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.3 Teledyne Energy Systems
7.3.1 Teledyne Energy Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.3.2 Teledyne Energy Systems PEM Water Electrolysis Product Portfolio
7.3.3 Teledyne Energy Systems PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.4 Hydrogenics
7.4.1 Hydrogenics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.4.2 Hydrogenics PEM Water Electrolysis Product Portfolio
7.4.3 Hydrogenics PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.5 Nel Hydrogen
7.5.1 Nel Hydrogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.5.2 Nel Hydrogen PEM Water Electrolysis Product Portfolio
7.5.3 Nel Hydrogen PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.6 Suzhou Jingli
7.6.1 Suzhou Jingli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.6.2 Suzhou Jingli PEM Water Electrolysis Product Portfolio
7.6.3 Suzhou Jingli PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.7 Beijing Zhongdian
7.7.1 Beijing Zhongdian Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.7.2 Beijing Zhongdian PEM Water Electrolysis Product Portfolio
7.7.3 Beijing Zhongdian PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.8 McPhy
7.8.1 McPhy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.8.2 McPhy PEM Water Electrolysis Product Portfolio
7.8.3 McPhy PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.9 Siemens
7.9.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.9.2 Siemens PEM Water Electrolysis Product Portfolio
7.9.3 Siemens PEM Water Electrolysis Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.10 TianJin 
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